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201603207
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Last modified
7/24/2017 1:56:34 PM
Creation date
5/24/2016 8:57:28 AM
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DEEDS
Inst Number
201603207
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2� 1 ��32�7 <br /> Security Instrument,whether vr n�t the��.�ae. "Q��osing Pa��"means the third party that owes Borfo�er <br /> Miscellanevus Proceeds or the party against wham Borrower has a right of actian in regard to Miscellane�us <br /> Prflc�eds. <br /> Borrower sha��be�n default if any actior�or pro�eeding,whether ci�il or criminal�i�begun that, in Lender's <br /> judgment,could result in forfeiture of the Propert�or other rx�ateria�impa�rment of Lender's interest in the <br /> Property or ri�hts under this Se�urity In.strum�nt.Borrower can�ure su�h a default and,if acceleratio�has <br /> occurred,reinstate as provided in Section 19,by�causin��he action or pra��eding to be dismissed with a <br /> rul�ng that,in�ender's judgment,precludes forfeiture af the Propert�ar other material�mpairment of <br /> Lender's int�rest in the Property or rights under�his Securi�y Instrument. The proceeds of any award or <br /> claim for damages t�at are attribut�ble to the impairm�nt of Lend�r's interest in the Property are hereby <br /> ass�gned and shall be paid to Lender. <br /> All Miscellaneous Praceeds that are not applied to restoration or repair of the Property sha11 be applied in <br /> the order provided for in Secti�n�. <br /> 'I Z. Borro►nrer Nat Ref+eased;F�rbe�ranceBy LenderNot a Wai�er.Extensian nf the time for payment or <br /> m�dification of amortization of the sums secured by this Secur�t�r Instrument granted by Lender to B�rrower <br /> or any Succes�or in Interest of Borrower sha�l not operate to release the liability of Borrower or any <br /> Successors in Interest�f Borro�er. Lender sha11 no�be required to commer�ce proceedings against any <br /> Su�cessor in In��rest of Borrower or to refuse to extend��me far payment or otherv�ise modify amor�iza�i�n <br /> of t�e sums s�eured by this Securi�y�nstrument by reason of an�demand made by the origina�Barrower or <br /> any Successars in Interest of�orrower, Any forb�ara�.ce by Lender in exereising any right or rernet�y <br /> inc�udin�,without limitation,Lender's accep�ance of paymen�s from third persons, entities or Successors in <br /> Intere�t of B�rrawer ar in amounts less than the amaunt the�n due,sha11 not be a v�aiver of or precl�at�e t�.� <br /> exercise of any right or rem�dy. <br /> 13. Jv�nt and Several Liability;Co-si�ner�;Successorsand Assigr�s8vund.Borraw�r co�enants and <br /> agrees that Borrower's ob�igati�ns and liability shall be joint and several. Howe�er,any Borro�er who <br /> ca-signs this Secur�t��nstxument but does not exec�te the Note�a"co-s�gner"�: �a� is co-signing this <br /> Security�nstrument only to mnrtgage, �ant and convey the c�-signer's inter�st in the Propert�r under the <br /> terms af this Security In�trument; �b)is not personally obl�gated ta pay the sums secured b}�this Security <br /> Instru.ment;and(c}agrees that Len.der and any other Borro�er ca�agree to e�tend,modif�,f�rbear�r make <br /> any accommodations with regard to the terms of this Security Instrume�t or the Note without the co-signer`s <br /> ��nsent, <br /> Subj ect to the prov�sions of Section 18, any Successvr in Interest of Borra�er who assumes Borrower's <br /> obligations under this Secur�t�r�nstrument in writing,and is approved by Lender, sha11 obtain ai�of <br /> Borrower's r�ghts and benefits under th�s Security Tnstrument. Borrat�rer shal�not�e released from <br /> Borro�ver's obligations and liabili�under this Security Instrument unless Lender agrees to such re�ease�n <br /> writing.The co�enants and agr�ements of th�s Security Ins�u.�nent s�iall b�nd�exc�p�as pro�i�ied in Section <br /> 24}and b�nefit the successars and ass�gns of Lender. <br /> 'I 4. L�an Char�es.Lender may charge�3orrotiver f�es for ser�ices performed in connection�uith Borrot�er's <br /> default, for the purpose of protecting Lender's interest in the Property and rights un.der this Security <br /> Instrument, inciuding,but not limit�d to,attorneys'fees,praper�y inspection and valuation fe�s. In regard ta <br /> any other fees,the absence�f express authority in this Security Instrument ta charge a�spec�f��fee�o <br /> Borrower sha11 not be construed as a prahibit�on on the c�arging of�uch fee. Lend�r may not charge fees <br /> �hat are expressly prohi�it�d�by th�s Se�urity Instrum�nt�r by Applicable La�►v. <br /> NEBRASKA-Single Family-Fannie Mae�Freddie Mac LINIFDRAII IIVSTRUMENT WlTH MERS Farm 3428 1IQ1 <br /> VMP� VMP6A�NE}�73Q�}.�0 <br /> Vllolters K1uw�r Financial Services Page 11 of 1? <br /> q�335535S14� Q233 35l 1117 <br />
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